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Global Trade Alert

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Republic of Korea: K-Sure to provide KRW 2 trillion in export financing to IP-owning export enterprises

Description

On 27 November 2024, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced signing a Memorandum of Understanding (MOU) on supporting "IP-owning export enterprises". Under the MOU, ...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

27 Nov 2024

Revocation date

26 Nov 2029

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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